There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Idbi Bank for its Pehowa branch in Kurukshetra, Kurukshetra, Haryana, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Idbi Bank situated in Kurukshetra or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code IBKL0001923. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Idbi Bank, Pehowa, Kurukshetra
Here are some of the key details that come with the IFSC Code IBKL0001923 of Idbi Bank for its branch located in Kurukshetra, within the district of Kurukshetra in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Idbi Bank |
| IFSC Code | IBKL0001923 |
| Branch | Pehowa |
| City | Kurukshetra |
| District | Kurukshetra |
| State | Haryana |
| Address | Khasra No.265,Ward No.16,J.P.Colony,Ambala Road,Pehowa,Kurukshetra 136128 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Idbi Bank in Kurukshetra for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IBKL0001923 for the Pehowa branch of Idbi Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Idbi Bank located in Pehowa, Kurukshetra, Haryana, is provided a unique IFSC like IBKL0001923 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Idbi Bank branch in Kurukshetra.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Kurukshetra and Kurukshetra.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Haryana and the rest of India, the IFSC Code ensures that transactions meant for Idbi Bank in Pehowa do not get misguided to another person.
Format of the IFSC Code IBKL0001923
The format of the IFSC Code for banks, including Idbi Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Idbi Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Pehowa in Kurukshetra.
For example, the IFSC Code IBKL0001923 of Idbi Bank for the Pehowa branch includes these elements, identifying the bank and the branch location in Kurukshetra and Haryana accurately.
How to Find IFSC Code for Idbi Bank?
If you are trying to find the IFSC Code IBKL0001923 of Idbi Bank for its Pehowa branch located in Kurukshetra, the following methods can help:
Cheque Book
The cheque books that are issued by Idbi Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Idbi Bank branches in Kurukshetra and Kurukshetra, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Idbi Bank and find the branch locator section. Search for Pehowa or Kurukshetra to get the exact IFSC Code IBKL0001923.
Mobile Banking App
If you use Idbi Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Idbi Bank and Kurukshetra that will provide accurate information.
How to Use IFSC Code IBKL0001923 for Online Transfers?
Once you have the IFSC Code IBKL0001923 for the Pehowa branch of Idbi Bank in Kurukshetra, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IBKL0001923. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Idbi Bank IFSC Code IBKL0001923.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Idbi Bank Pehowa in Kurukshetra, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Idbi Bank in Pehowa, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Idbi Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Kurukshetra manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IBKL0001923.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Khasra No.265,Ward No.16,J.P.Colony,Ambala Road,Pehowa,Kurukshetra 136128 located in Kurukshetra, Kurukshetra, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.